Preston Ford Commercial Vehicle Center
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Sales: 877-895-0602 Service: 877-895-0602 Parts: 877-895-0602 4313 Preston Road., Hurlock, MD 21643
Sales: 877-895-0602
Service: 877-895-0602
Parts: 877-895-0602

Commercial Credit Application

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Contact Information

Sole Proprietor, Individual Co-Applicant(s) or Individual Co-applicant(s) or Individual Guarantor(s) must complete this section

Alimony, child support or separate maintenance income need not be revealed if you do not wish to have it considered as a basis for repaying this obligation.

Please use additional applications if more space is needed for multiple owner, guarantor or applicant information


Co-Applicant Signature

Guarantor Signature


By submitting this information, Borrower and Guarantor(s) (individually and collectively, “Applicants”) agree to and affirm the following:

To induce dealership partnership lending institution(s) (individually and collectively, “THE LENDER”) to extend credit or financial assistance, from time to time, Applicants and/or Dealer intend to have THE LENDER rely upon the information provided in this statement in its credit making decisions. Nothing herein contained shall be construed as creating an obligation upon THE LENDER to extend or continue to extend credit.

The information provided is true, correct, complete, and prepared in accordance with generally accepted accounting principles. Applicants will notify THE LENDER if there is any change in name, address, or any material adverse change 1) in any of the information contained in this commercial financing request; 2) in Applicants' financial condition; or 3) in Applicants' ability to perform their respective obligations to THE LENDER. If no notice of change has been given, this shall be considered a continuing statement and substantially correct. Applicants hereby authorize THE LENDER and its affiliates, successors, assigns and third-party service providers to investigate Applicants' accounts and credit history, and obtain, without limitation, credit reports, trade references, financial statements, tax returns and banking records, and contact any of Applicants' current or former employers or creditors, banks or other financial institutions with which either Applicant has or had financial dealings, and Applicants' franchisor(s), to verify any information contained herein or received in connection with this Business Credit Application which THE LENDER deems relevant to the possible extension of credit to Applicants and release information about THE LENDER’s credit experience with Applicants as permitted by law.

Applicants authorize THE LENDER to disclose information to any affiliate, assign, agent and third-party service provider, and hereby authorizes and directs any such creditor, bank, other institution and franchisor to disclose to THE LENDER any information it may from time to time deem necessary, and hereby releases THE LENDER and any such creditor, bank or other institution from any and all claims, demands, damages, expenses or liability whatsoever in connection with the disclosure of any information whatsoever. Applicants will keep all information obtained from THE LENDER confidential, and will not disclose any information received from THE LENDER. Without limiting the foregoing, Applicants specifically agree not to disclose any information obtained from THE LENDER to any other lender or potential lender. Applicants certify to THE LENDER that neither they nor any person or entity holding any interest in them nor any of their officers or managers are parties with whom THE LENDER is prohibited from doing business pursuant to the regulations of the Office of Foreign Assets Control or any other law or regulation. If the foregoing certification is or becomes untrue, in whole or in part, at any time, Applicants jointly and severally agree to indemnify THE LENDER for any claim, damage, loss, liability or expense THE LENDER suffers by reason of the untruthfulness of the foregoing certification.

Applicants agree that THE LENDER, its affiliates, agents, assignees, service providers and finance lender may monitor and record telephone calls regarding Applicants' account to assure the quality of service or for other reasons permitted by applicable law. Applicants also expressly consent and agree to THE LENDER using written, electronic or verbal means to contact Applicants as the law allows. This consent includes, but is not limited to, contact by manual calling methods, prerecorded or artificial voice messages, text messages, emails, and/or automatic telephone dialing systems. Applicants agree that THE LENDER may do so using any email address or telephone number Applicants provide, now or in the future, including a number for a cellular phone or other wireless device, regardless of whether Applicants incur charges as a result. Applicants consent that GM and/or a GM dealer may contact Applicants with offers and product information.

If THE LENDER elects to do so, Applicants authorize THE LENDER to file a UCC-1 Financing Statement, showing THE LENDER as secured party and Applicants as debtor. In the event THE LENDER does not provide credit or financial assistance to Applicants, THE LENDER will terminate any such UCC-1 Financing Statement. Residents in the states of California, Maine, Tennessee, New Hampshire, New York, Ohio, Rhode Island and Vermont agree that by submitting this information, they have been given the included state notices below and agree to the additional terms.


NOTICE AND AGREEMENT REGARDING E-MAILS AND CALLS/TEXT MESSAGES TO WIRELESS TELEPHONES: You agree, in order for THE LENDER to service our account or to collect any amounts you may owe, we may contact you by telephone at any telephone number associated with your account, including land-line, wireless, cellular, or VoiP/internet telephone numbers, which could result in charges to you. THE LENDER may also contact you at any e-mail address you provide to us or by sending text messages, which could result in charges to you. Methods of contact may include using pre-recorded/artificial voice messages and/or use of an automatic dialing device, as applicable. Your agreement and consent also extends to any other agents, affiliates, or entities to whom we may assign, transfer, or sell your obligation for servicing or collection. You may revoke your consent for any telephone number or email address you have provided by contacting THE LENDER and letting them know.

Consent for Electronic Disclosures, Electronic Signatures in Global and National Commerce Act.

Introduction: You are submitting a request for a loan pre-qualification, a loan application or form through us (a "Request"). We can only give you the benefits of our service by conducting our business through the Internet. In order to do this, we need you to consent to our giving you certain disclosures electronically. This document informs you of your rights when receiving legally required disclosures, notices and information ("Disclosures") from us and the lenders to whom your Request is submitted. By completing and submitting a Request through us, you acknowledge receipt of this document and consent to the electronic delivery of such Disclosures.

Electronic Communications: Any Disclosures related to your Request will be provided to you electronically. However, if you wish to obtain a paper copy of any of the Disclosures, you may write to Preston Automotive Group (attention compliance), 218 Main St., Preston, MD 21655, with the details of your request. Paper copies will be provided to you at no charge.

Consenting to Do Business Electronically: Before you decide to do business electronically with us, you should consider whether you have the required hardware and software capabilities described in this document.

Scope of Consent: Your consent to receive Disclosures and to do business electronically, and our agreement to do so, only applies to this Request , and you may also receive Disclosures and other communications from our participating Lenders. After your Request is transmitted to one or more of our participating Lenders, and after you decide to continue to pursue your Request, then you and the Lender should discuss how subsequent Disclosures will be delivered.

Hardware and Software Requirements: To access and retain the Disclosures electronically, you will need to use the following computer software and hardware: Internet Explorer 4.0 or above, Netscape Navigator 4.0 or above or equivalent software; and hardware capable of running this software.

Withdrawing Consent: Because we will provide the Disclosures to you instantaneously, you will not be able to withdraw your consent to do business electronically with us. However, you may withdraw your consent to do business electronically with our participating Lenders at no cost to you. You may do so by contacting the Lender at the mailing address, e-mail address or telephone number they provide with their offer. If you decide to withdraw your consent, the legal validity and enforceability of prior electronic Disclosures will not be affected.

Changes to Your Contact Information: You should keep us informed of any change in your electronic or mailing address. You may contact Customer Care by telephone at 877-834-3396 regarding any such changes.




California Residents: Applicant, if married, may apply for a separate account.

Maine and Tennessee Residents: You must have physical damage insurance covering loss or damage to the vehicle for the term of any contract. For a lease, you must also have the liability insurance as described in the lease. You may buy this insurance from anyone you choose. You do not have to buy it from someone affiliated with the dealer or an assignee of this contract. Your choice of insurance will not affect the credit approval process unless the insurance does not satisfy the contract requirements or the insurance company does not satisfy the reasonable standards of the dealer or an assignee of the contract.

New Hampshire Residents: If applying for a balloon payment contract, you are entitled to receive upon request a written estimate of the monthly payment amount for refinancing the balloon payment in accord with the creditor’s existing refinance programs. You would be entitled to receive the estimate before you enter into a balloon payment contract. A balloon contract is an installment sales contract with a final scheduled payment that is at least twice the amount of one of the earlier scheduled equal periodic installment payments.

New York Residents: In connection with this application, we may request a consumer report on you. If you request, we will inform you whether or not a consumer report was requested and, if it was, of the name and address of the consumer reporting agency that furnished the report. Additional consumer reports may be ordered without further notice to you in connection with any update, renewal or extension of credit granted.

Ohio Residents: The Ohio laws against discrimination require that all creditors make credit equally available to all creditworthy customers, and that credit reporting agencies maintain separate credit histories on each individual upon request. The Ohio Civil Rights Commission administers compliance with this law.

Rhode Island Residents: Credit reports may be obtained in connection with this application for credit.

Vermont Residents: You authorize Dealer and any financial service provider with whom this application is shared, and each of their respective employees or agents, to obtain and verify information about you (including one or more credit reports, information about your employment and banking and credit relationships) that they may deem necessary or appropriate in evaluation your credit application. If your application is approved and credit is granted, you authorize the parties granting credit and/or holding your account, and their respective employees and agents, to obtain additional credit reports and other information about you in connection with reviewing the account, increasing the available credit on the account (if applicable), taking collection on the account, or for any other legitimate purpose.



By clicking on the I Agree checkbox and typing in your name, you are confirming that you have read and understand the Privacy Policy and Electronic Signature Disclosure, and you are authorizing Preston Ford, and its subsidiaries under all applicable federal and state laws, including the Fair Credit Reporting Act, to obtain information from your personal credit profile. Also, you are confirming you understand that any pre-approval is subject to review and acceptance of credit information.